DTEK to build one of Europe''s largest energy
Ukraine''s largest private energy company DTEK secured a $72-million loan to build one of the largest battery energy storage complexes in Eastern
REUTERS/Valentyn Ogirenko/File photo Purchase Licensing Rights KYIV, Sept 11 (Reuters) - Ukrainian private energy firm DTEK has launched the country's largest battery storage facility to ensure stable power supplies in the face of Russian attacks on Ukraine's energy sector, the company said on Thursday.
According to DTEK, the project can store 400 megawatt-hours of electricity — enough to power 600,000 Ukrainian homes for two hours. DTEK announced that commercial operations are scheduled to begin in October 2025, just before Ukraine's critical winter heating season.
Battery energy storage facilities are like a large power bank connected to energy grids, and are crucial for storing energy created by renewables like solar and wind for later use. The share of renewable energy in Ukraine's grid was about 10% before Russia's full-scale invasion. Kyiv wants to up this to 27% by 2030.
DTEK has continued to invest in energy projects in Ukraine, most notably committing 450 million euros ($468 million) to expand the Tyligulska Wind Power Plant near the Black Sea coast in cooperation with Denmark's state-owned Export and Investment Fund. It marked the largest ever private investment in Ukraine's energy sector.
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